Post #31 by 5thhorseman on the Software as a Service Gems board

Investment Strategies / Software as a Service Gems

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Saul seems disillusioned as his companies have not snapped back as quickly as in previous downturns,

His thesis always was that these companies could generate earnings at any time by cutting back on R&D and S&M, which, relatively speaking, is now happening, so it's puzzling to see him throw in the towel now.

Then again, I figure he is around 80 years old, so he may just be tired of it all.

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